Paramount Group Inc expected to post a loss of 3 cents a share - Earnings Preview

Paramount

30/07/2024 03:58

* Paramount Group Inc  PGRE.N   PGRE.K  is expected to show
a rise
in quarterly revenue when it reports  results on July 31 for the
period ending June 30 2024
    * The New York City-based  company is expected to report a
6.4% increase in revenue to $183.645 million from $172.66
million a year ago, according to the mean estimate from 4
analysts, based on LSEG data. (SAL Represents Rental revenue/
Total revinue)
    * ​LSEG's mean analyst estimate for Paramount Group Inc is
for a
loss of 3 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 4
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Paramount
Group
Inc is $4.50​, below​ its last closing price of $5.28. ​​​

This summary was machine generated July 30 at 02:58 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)